Pakistan, Oct. 22 -- Gold prices in Pakistan fell sharply on Wednesday, following losses in the international market. The price per tola dropped by Rs7,538 to reach Rs437,362. According to the All-Pakistan Gems and Jewellers Sarafa Association (APGJSA), 10-gram gold also decreased by Rs6,463, selling at Rs374,967.

On Tuesday, local gold prices had remained steady at Rs444,900 per tola. The international gold price also declined, trading at $4,150 per ounce with a $20 premium, down by $85. Silver prices fell by Rs151 per tola, reaching Rs5,110.

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